Economics Mid-Term Review

Front

Which one of the following is also included in the National Income?
Options:
None of these,
Transfer Earnings,
Black Money,
Sale proceedings of bonds and shares

Back

None of these

Front

Which method is adopted in measuring National Income? Options: Production Method, Expenditure Method, Income Method

Back

All of these

Front

Which of the following is the employment theory related to? Macroeconomics, Microeconomics, Static economics, None of the above

Back

Macroeconomics

Front

Which of the following is another term for the Net National Product at factor cost? Gross National Product, Net Domestic Product, Personal Income, National Income

Back

National Income

Front

Which one is included in Primary Sector? Forest, Land, Mining, All of these

Back

All of these

Front

Which of the following is true for Inflation?
The value of money stays the same during Inflation
The value of money decreases during Inflation
The value of money increases during Inflation
None of the above

Back

The value of money decreases during Inflation

Front

Macro-economics is the study of:

Back

Principle or Theories of national income

Front

The increase in the stock of the capital is also called

Back

Capital Formation

Front

Which of the following term is opposite to Inflation? Stagflation, Deflation, Desolation, Hyperinflation

Back

Deflation

Front

Which one of the following services are included in the Secondary Sector? Insurance, Trade, Manufacturing, Banking

Back

Manufacturing